India's total exports for April-September 2024 estimated at USD 393.22 billion
On 16 October 2024, in New Delhi, the Ministry of Commerce and Industry estimated India's total exports (merchandise and services) for April-September 2024 at USD 393.22 billion, up 4.86%.
Summary
On 16 October 2024, the Ministry of Commerce and Industry estimated India's cumulative overall exports for April-September 2024 at USD 393.22 billion, against USD 375 billion a year earlier, a growth of 4.86%. Merchandise exports were USD 213.22 billion (up 1.02%). Total imports for the period were estimated at USD 448.05 billion (up 6.89%). In September 2024, total exports were estimated at USD 65.19 billion (up 3.76%); engineering goods exports rose 10.55% to USD 9.82 billion. Services data for September is an estimate pending RBI's release.
Key facts
- Released
- 16 Oct 2024
- Apr-Sep 2024 total exports
- USD 393.22 bn (+4.86%)
- Merchandise exports
- USD 213.22 bn (+1.02%)
- Apr-Sep total imports
- USD 448.05 bn (+6.89%)
- Sep 2024 total exports
- USD 65.19 bn (+3.76%)
- Engineering goods (Sep)
- USD 9.82 bn (+10.55%)
Practice MCQs 2 questions
India's total exports (merchandise and services) for April-September 2024, as estimated on 16 October 2024, were:
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Correct answer: C — USD 393.22 billion
PIB, 16 Oct 2024: the cumulative overall exports during April-September 2024 is estimated at USD 393.22 Billion, as compared to USD 375 Billion in April-September 2023. (USD 213.22 bn is merchandise only; USD 448.05 bn is imports.)
What was the estimated growth of India's total exports in April-September 2024 over the same period of 2023?
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Correct answer: B — 4.86%
PIB, 16 Oct 2024: total exports during April-September 2024 estimated at USD 393.22 Billion registering a positive growth of 4.86 percent. (1.02% is merchandise growth; 6.89% is import growth; 3.76% is September growth.)